Engineering, 09.11.2021 19:20, 10040813

The cash flows for two alternatives X and Y are shown in the table displayed here. Year: 0 1 2 3 4 5
Alternative X: -$3,000 900 900 900 900 1,300
Alternative Y: -$5,000 1,400 1,400 1,400 1,400 2,100
Write an equation using appropriate compound-interest factors that could be used to solve for the incremental rate of return (ΔIRR) associated with these two alternatives. Do NOT solve this equation for ΔIRR.

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The cash flows for two alternatives X and Y are shown in the table displayed here. Year: 0 1 2 3 4...